Company culture defines the values, vision, and mission that make up the ecosystem of the organization. It is the culture that attracts new talent and motivates the employees to give their best. It is the company culture that drives all the employees in the organization to work for a common goal. It is one of the top challenges that organizations around the globe are facing.
This Transformation Tuesday, let us look at different types of culture:
The team is given the highest priority
In this type of culture, team bonding and cross-functional communication Is given the highest priority. In this type of culture, there are formal and informal events that are planned to improve employee engagement. This type of culture promotes employee empowerment and gives a certain level of flexibility to the employees, to keep them happy and motivated. In this type of culture, information is shared openly with teams. This type of culture also promotes collaboration and communication within teams so that the team is on track to hit the company goals without compromising on individual employee needs. Companies like Netflix follow this type of culture.
Privileged corporate culture
This type of culture promotes innovation and forward-thinking. Organizations with this culture hire only the best and promote fast growth. Their teams should be the trendsetters in the industry. In this type of culture, organizations encourage employees to think out of the box and push themselves beyond the boundaries daily. Companies like Google and Facebook encourage this type of culture.
Traditional hierarchical corporate culture
There is a clearly defined hierarchy in this type of culture. All the decisions are well calculated and based on data. In such a culture, the bottom line is always given the highest importance. Organizations that follow such culture, encourage a dress code, and have well-defined practices that make it difficult to accept change and implement new technology. Generally, government organizations are the best example of this culture.
Horizontal or flat corporate culture
This type of culture is more popular with start-up organizations. This is a flat culture in which everyone contributes, and each employee is equally important. Since the company is new the work culture is flexible, and employees are encouraged to do secondary research to improve the company strategy further. This type of culture is seen in start-up technology organizations, where everyone is open to help others and they generally follow an open door policy.
This is a type of culture where an organization operates like it is one big family. This type of culture is mostly found in smaller start-up organizations. There is a high level of employee engagement and a strong emphasis on teamwork. Communication across functions and hierarchies is mostly not formal and open.
Culture can be improved. Culture is how employees behave when no one is seeing them. It is how the employees in the organization interact with each other, their value system, and the way they make decisions. Culture is what motivates and retains talent in organizations.
As Gary Vaynerchuk rightly quotes – “ Company culture is the backbone of any successful organization”, organizations should have the right culture in place, otherwise, even the best strategy would fail.
Written & Compiled by Faber Mayuri